Minto Apartment REIT jumped 26.7% to C$17.28 on Jan. 5, 2026, on high volume despite a lowered price target.

Minto Apartment REIT (MI.UN) surged 26.7% to a 52-week high of C$17.32 on January 5, 2026, closing at C$17.28 on elevated trading volume of 1.16 million shares. The rise occurred despite a price target cut by TD Securities to C$16.50, while analysts maintain a consensus "hold" rating with a target price of C$15.67. The REIT, which owns multi-residential properties in major Canadian cities, has a market cap of C$631.92 million, a P/E ratio of 9.23, and a debt-to-equity ratio of 101.09.